7. Vang Enterprises, which is debt-free and finances only with equity from retained earnings, is considering 7 equal sized capital budgeting projects. Its CFO hired you to assist in deciding whether none, some, or all of the projects should be accepted. You have the following information: TRF = 4.50%; RPM = 5.50%; and b = 0.92. The company adds or subtracts a specified percentage to the corporate WACC when it evaluates projects that have above or below average risk. Data on the 7 projects are shown below. If these are the only projects under consideration, how large should the capital budget be? * Expected Rehim Project Risk Very low Town wverage High ve beh Very high Factor -200 1003 DORA 100 2013 903 10 1005 Cost Millions) 13 $25.0 30 90 5250 $250 $250 5 10.801920 (9 O a $100 O b. $75 O c. $50 O d. $25 e. None of the above